5 Comments
 
I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

We need a bit more information. What school, major, GPA, general location, and personal goals? 

First step, get a job in the meantime. Food service, bank teller, whatever. Gaps on resumes are not good.  

 

Thank you for your comment. I graduated from a

top research school in NY. My career goal is investment banking.

 
Most Helpful

Firstly, if you have sent out tons of applications and nothing is coming back, you maybe need reconsider your documents and/or the places you are applying.

With no relevant experience and no time to do an internship before graduation, it is going to be near impossible to get into investment banking unless you already have a huge network (which doesn't sound like is the case). Unfortunately due to the competition, you would have needed to have the necessary internships and school recruiting support through the employers' school recruiting teams. Applying cold like you've been doing is going to continue producing disappointing results. 

You have three options: 

a) Go in as an experienced hire in 15 years as an expert. This is the most unrealistic option

b) Start networking like crazy. Also unrealistic in your case because you don't bring relevant experience that would interest someone (I suspect). It's certainly possible but also unlikely.

c) The best option: MBA in a few years. This would give you two years, including one summer for interning to gain relevant experience, to brush up on your skills and make a professional change into IB. This would put you back in the IB campus recruitment and be by far your main way into IB. This time you would also bring a few years if work experience. 

Best of luck! 

 

Distinctio non odio vel nisi corporis. Error sit delectus recusandae et. Qui iusto sint recusandae placeat autem sapiente aperiam quos. Accusamus facilis maxime cumque. Eligendi ipsum ut repellat et saepe facilis earum.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”